Indian Exporter Bodies and Trade Experts, however, are projecting a substantiial hit to India’s expenses.
According to the federation of Indian Export Organizations President SC RALHAN, The Development Could “Severely Impact” India’s ‘India’s Exports to the Us, “With Approximately 55% of INDIA’ $ 47-48 billion) Now exposed to pricing disadvantages of 30% to 35%, rendering them nompetitive in comparason to competitors from China, Vietnam, Cambodia, The Philippines, and South Southst and South South and South South Assiven Countries ”.
According to the global trade research initiative (GTRI), the impact on India could be even word. As per the Think Tank’s Calculations, 66% of India’s Exports to the US, Worth $ 60.2 Billion, will face 50% tarifs in sector such as apparel, textiles, gems and jewelery, jewelery, shrimp, shrimp, dead Furniture. Another 30% ($ 27.6 billion) of India’s expenses to the US will remain duty-free, while 4% ($ 3.4 billion) will face a 25% tariff.
Ramesh Ghorai is the founder of www.livenewsblogger.com, a platform dedicated to delivering exclusive live news from across the globe and the local market. With a passion for covering diverse topics, he ensures readers stay updated with the latest and most reliable information. Over the past two years, Ramesh has also specialized in writing top software reviews, partnering with various software companies to provide in-depth insights and unbiased evaluations. His mission is to combine news reporting with valuable technology reviews, helping readers stay informed and make smarter choices.
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